** FOR SALE BY MODERN METHOD OF AUCTION ** NO ONWARD CHAIN ** CASH BUYERS/INVESTORS ONLY ** SPACIOUS AND UPDATED TWO-BEDROOM SECOND-FLOOR FLAT ** ESTIMATED RENTAL INCOME OF £750 - £775 PCM ** FANTASTIC OPPORTUNITY IN SHORT HEATH, WILLENHALL ** A Fantastic Opportunity in Short Heath! This two-bedroom, second-floor flat is set in the highly sought-after area of Short Heath, Willenhall, and comes to market with NO CHAIN – making it a great option for first-time buyers, downsizers, or investors looking for a ready-to-go rental.The property offers a bright lounge, kitchen, two bedrooms, a bathroom, plus a useful office area. With double glazing and gas central heating throughout, it provides everything you need for comfortable everyday living.Location is key – with plenty of local amenities nearby, as well as excellent transport links including easy access to the M6 motorway.For investors, the property has an estimated rental income of 750GBP - 775GBP per calendar month. Service Charge: 710.80GBP per annum (for the period 1st April 2024 – 31st March 2025). Please note this figure is an estimate only and may be subject to change. The lease for this property commenced on 26th January 2004 for a term of 125 years. As of 25th September 2025, there are approximately 103 years remaining on the lease.Viewing is highly recommended to appreciate the space on offer – call today to arrange yours!Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Council Tax Band: Band A
Tenure: Leasehold
Lease Length: 106 year(s)
Ground Rent: £10.00 payable Annually
Service Charge: £46.00 payable PCM